CORDIS
EU research results

CORDIS

English EN

Developing Sustainable Energy Investment (SEI) metrics, benchmarks, and assessment tools for the financial sector

Project information

Grant agreement ID: 649982

  • Start date

    1 March 2015

  • End date

    28 February 2018

Funded under:

H2020-EU.3.3.7.

  • Overall budget:

    € 2 498 253,75

  • EU contribution

    € 2 349 378,75

Coordinated by:

ASSOCIATION 2 INVESTING INITIATIVE

France

Objective

The challenge we aim to address in this project is the lack of investment in sustainable energy and energy-efficient assets from public and private financial institutions. The core approach of the project is to define what a sustainable asset and a sustainable investment portfolio is, and to develop an assessment framework in order to allow financial institution to measure their ‘performance’ and set progress targets vis-à-vis energy-climate goals. This approach builds on the research done over the past few years by various organizations. The project will develop an assessment framework allowing investors to measure and manage their ‘climate performance’ (i.e. their exposure to sustainable energy and energy efficiency investments). This framework will include a translation of climate-energy investment roadmaps into targets for the finance sector, an assessment methodology for assets (e.g. equity shares in companies), and an assessment methodology for investment portfolios. The project will embed the framework into the standard toolbox used by investors to inform their asset allocation strategy, which will include an upgrade of databases used by investors; the integration of Sustainable Energy Investment performance metrics into portfolio optimisation tools, in order to allow investors to optimize climate and financial performance at the same time; and SEI benchmark indices in order to allow asset owners to integrate climate goals in the mandates of asset managers. The project will lead to several publications and a series of workshops with practitioners on Sustainable Energy Investment Metrics including a study on the risk-adjusted returns of SEI strategies; a study dealing with the implications of SEI metrics for financial policy-makers; and various workshops across Europe involving experts and financial institutions, to discuss methodological options, train practitioners on the assessment frameworks, and get feedbacks from road tests.

Coordinator

ASSOCIATION 2 INVESTING INITIATIVE

Address

97 Rue La Fayette
75010 Paris

France

Activity type

Other

EU Contribution

€ 1 346 628,75

Participants (8)

CLIMATE BONDS INITIATIVE

United Kingdom

EU Contribution

€ 141 875

FRANKFURT SCHOOL OF FINANCE & MANAGEMENT GEMEINNUTZIGE GMBH

Germany

EU Contribution

€ 185 625

SOCIETE DE MATHEMATIQUES APPLIQUEES ET DE SCIENCES HUMAINES

France

EU Contribution

€ 152 875

WWF DEUTSCHLAND

Germany

EU Contribution

€ 178 750

KEPLER CAPITAL MARKETS SA

France

EU Contribution

€ 153 750

UNIVERSITAT ZURICH

Switzerland

WWF EUROPEAN POLICY OFFICE

Belgium

EU Contribution

€ 117 250

CDP WORLDWIDE (EUROPE) GEMEINNUTZIGE GMBH

Germany

EU Contribution

€ 72 625

Project information

Grant agreement ID: 649982

  • Start date

    1 March 2015

  • End date

    28 February 2018

Funded under:

H2020-EU.3.3.7.

  • Overall budget:

    € 2 498 253,75

  • EU contribution

    € 2 349 378,75

Coordinated by:

ASSOCIATION 2 INVESTING INITIATIVE

France